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8651 Coal River Rd
Saint Albans, WV 25177 St Albans/Cross Lanes

$1,332,000 USD

Freestanding For Sale  •  8,121 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 9,100 SF
  • Lot Size 4.56 AC
  • Building Class B
  • Year Built 2018
  • Cap Rate 7.50 %
  • Tenancy Single
0 Transit Score
7 Walk Score

Highlights

Long Term Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Built Retail Asset with Modern Construction.
Positioned along Coal River Road (West Virginia Route 817), a Primary Corridor serving the Coal River Valley and connecting Residential Communities.
Ranked #111 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating “BBB” by S&P’s & Annual Revenue Exceeding $4B.
Located approx. Five Miles from Interstate 64, a Primary East West Transportation Corridor connecting Charleston, Huntington, and other.
St. Albans is part of the Charleston Metropolitan Statistical Area, the Largest Population Center in West Virginia and a Major Economic Hub.
Positioned between Charleston and Huntington Economic Centers - The Interstate 64 Corridor connects St. Albans to Charleston and Huntington.
Cap Rate: 7.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General 9,100 SF 9/30/2033

Public Transportation

AirportDriveWalkDistance
West Virginia International Yeager 40 min - 23.2 mi
Grant Fitzgerald 216-264-2060 Marcus & Millichap
Grant Fitzgerald 216-264-2060 Marcus & Millichap